Sam Levinson, a director at Five Point Holdings, LLC (NYSE:), recently acquired a significant number of shares in the company. According to a recent SEC filing, Levinson purchased 3,283,024 Class A common shares on October 22 at a price of $3.15 per share, totaling approximately $10.3 million. This transaction increased his indirect ownership to 6,219,241 shares.
Additionally, Levinson acquired 10,730 Class A common shares on October 23, though these shares were awarded as part of the company’s director compensation program and carry no direct purchase cost. These shares will vest on December 31, 2024, contingent on Levinson’s continued service with the company.
In related transactions, Levinson also acquired a substantial number of derivative securities, including Class B common shares and Class A units of both Five Point Operating Company, LP and The Shipyard Communities, LLC,…
